News

Countries can learn from US climate bill ahead of COP, says Impax

The landmark US Inflation Reduction Act should instruct countries preparing to gather at the UN climate conference in November on how they can bolster emissions reductions plans and tackle ballooning energy and food price rises, according to Impax.

Loan round-up: RPT Realty, Shoprite, CHG-Meridian, Vena Energy ... and more

UN Race to Zero readies 'compliance mechanism'

UN-backed climate campaign Race to Zero (RTZ) has confirmed further information on its 'compliance mechanism' will be published in September, with a major partner welcoming plans to remove members who fail to meet its strengthened criteria.

Don't rush into regulating data providers, says Japan's FSA

Supervisors should not rush into regulating data providers while work to understand their "increasingly important" role in capital markets is ongoing, said Satoshi Ikeda, chief sustainable finance officer of the Japanese Financial Services Agency (FSA).

Bond round-up: EIB, Massachusetts, Barloworld, KBC, NN ... and more

Investors encouraged to set nature-inclusive 'just transition' expectations

Investors have been urged to set 'just transition' expectations that also factor in aspects relating to nature, in a report by the Grantham Research Institute.

Introduce ESG benchmark to tackle greenwashing, says ESMA

The European Securities and Markets Authority (ESMA) has recommended that the creation of minimum requirements for environmental, social and governance (ESG) benchmark indexes would help tackle examples of 'greenwashing'.

Reask and Fathom offer combined wind and flood risk models

Australian climate risk analytics firm Reask has partnered with UK flood risk modeller Fathom to offer insurers access to their combined risk data.

Asian banks encouraged to include nature-related risks

Banks in Asia have been encouraged to include nature-related risks in sustainability strategies, by WWF Singapore.

Japanese banks' portfolios misaligned with Paris Agreement, says 2DII

Japanese banks' loan books are misaligned with the Paris Agreement, said a paper written by the 2 Degrees Investing Initiative (2DII) and released by the Financial Services Agency (FSA)'s Finance Research Center.